Jane is a resident of Nkubu, Central Kenya, where she has been farming for 10 years with the help of one farmhand. She is 51 and married with 3 children who are all adults. The youngest is still enrolled in post-secondary education. Her farm currently produces milk, spinach, potatoes, and tea for the local community.
Jane has requested a loan of 62,400 KES from Juhudi Kilimo to purchase and insure a dairy cow. She says this loan will help improve her farming income and enable her meet her family needs more easily. She is optimistic that her business will grow, and she plans to venture into the transport business, too.
She says that Juhudi Kilimo services are prompt, and she is glad to be in business with Juhudi Kilimo.
To facilitate a partnership between Kiva and Juhudi Kilimo, K-Rep Group (Juhudi Kilimo’s 100% owner) has guaranteed Kiva funds in the event of institutional default. Lenders should be aware that the risk of borrower default remains borne by the lender.
About Juhudi Kilimo:
Juhudi Kilimo is a for-profit social enterprise working with small-holder farmers in Kenya to finance purchases of dairy cows, chickens, agricultural equipment, and other assets that create immediate cash flow. Many of the assets are insured to prevent devastating business losses, and targeted technical assistance is provided to farmers, from agricultural training to basic book keeping and local market research.